I wish to purchase a TV for inshop advertisement - can this be purchased and can i get tax benifit on the same?
Kindly help
also if you can state the rules (section/subsection) as per direct tax rules - it would be very very helpful
Thanks a lot
Menu
Purchase of tv for shop
Replies (1)
You can purchase the TV for your shop advertisement. You can capitalise the Purchase price of the TV and claim depreciation on the TV @ 15%.
Regards,
Devendra Kulkarni
Recent Topics :
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
Related Topics :
CAclubindia
